---
schema_version: "secwatch.filing_event.v1"
accession: "0001498710-24-000149"
form_type: "8-K"
ticker: "FLYYQ"
cik: "0001498710"
company_name: "Spirit Aviation Holdings, Inc."
filed_at: "2024-04-08T23:59:59+00:00"
generated_at: "2026-06-04T01:20:49.845189+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Spirit Airlines defers Airbus deliveries to 2030-31; furloughs 260 pilots

## Summary
- Amendment defers all aircraft on order from Q2 2025–2026 to 2030–2031; option exercise dates pushed to 2029–2031.
- Expected to improve liquidity by approximately $340 million over the next two years.
- Pratt & Whitney GTF engine compensation agreement expected to add $150M–$200M in liquidity.
- Spirit to furlough ~260 pilots effective September 1, 2024 due to grounded aircraft and deferrals.
- Retained Perella Weinberg and Davis Polk as advisors; plans to issue investor update by April 15, 2024.

## SEC filing metadata
- accession: 0001498710-24-000149
- form_type: 8-K
- ticker: FLYYQ
- cik: 0001498710
- company_name: Spirit Aviation Holdings, Inc.
- filed_at: 2024-04-08T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1498710/000149871024000149/0001498710-24-000149-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1498710/000149871024000149/save-20240403.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001498710-24-000149
- JSON: https://secwatch.observer/filing/0001498710-24-000149.json
- Plain text: https://secwatch.observer/filing/0001498710-24-000149.txt

## Key facts
- Material Agreements
  Spirit Aviation Holdings, Inc. amended Amendment No. 7 with Airbus S.A.S. valued at approximately $340 million (effective 2024-04-03).
  - Action: amendment
  - Counterparty: Airbus S.A.S.
  - Value: approximately $340 million
  - Effective: 2024-04-03
  source text: On April 3, 2024, Spirit Airlines, Inc. (the "Company") entered into Amendment No. 7 (the "Amendment") to the A320 NEO Family Purchase Agreement, dated as of December 20, 2019 (the "Airbus Purchase Agreement") with Airbus S.A.S. ("Airbus").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1498710/000149871024000149/0001498710-24-000149-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.